Most listings are in the $10's per square foot per year. The South Portland region is seeing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 23% decrease in rent.
In the last 90 days, 280 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available space in the South Portland are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1974 and are Class A.
Real time and historical data on commercial real estate listings in South Portland.
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